Bill 4 (Legislature 12, Session 1)

L12 S1 6672

Alberta — Bills

BILL No.4 of

An Act to amend "An Act to Incorporate the Synod of the Diocese of Edmonton and the Parishes of the said Diocese" ( Assented to , 1953) WHEREAS a petition has been presented by The Synod of

Preamble the Diocese of Edmonton praying for an amendment to

An Act to Incorporate the Sunod of the Diocese of Ed monton and the Parishes of the said Diocese, as hereinafter set forth, and it is expedient to grant the prayer of the said petition. Therefore Her Majesty, by and with the advice and con sent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1.

An Act to Incorporate the Synod of the Diocese of Edmonton and the Parishes of the said Diocese, being chap ter of the Statutes of Alberta, 1914, is hereby amended. 2,. The following new sections are added immediately Ne~ after

section 5:

sectIOn 5a "5a. In addition to the powers of investments herein Investment provided for, The Synod of the Diocese of Edmonton shall ~~n~~ust have the power to invest trust funds, in addition to trustee investments, in any securities authorized by the laws of the Dominion of Canada for the investment or lending by Can- adian Life Insurance Companies of their funds, but that investments other than trustee investments he restricted to 30 % of the total trust funds on the books of the Synod. "5b.

The Synod of the Diocese of Edmonton shall have Consolidation power to consolidate the trust funds und\er control of the f~n~~ust Synod as one fund to be known as the Consolidated T'rust Fund, and that all separate trusts comprising such fund shall share pro-rata the revenue to be derived from such Consolidated Trust Fund.". 3. This Act comes into force on the day upon which it is Coming into assented to. force FIRST SESSION TWELFrH LEGISLATURE ELIZABETH II BILL

An Act to amend "An Act to In corporate the Synod of the Diocese of Edmonton and the Parishes of the said Dio:cese" Received and read the First time .......... . Second time ................................ . Third time .......................... . MR. PAGE Title: 1953 (12th, 1st) Bill 4,

An Act to amend "An Act to Incorporate the Synod of the Diocese of Edmonton and the Parishes of the said Diocese"

Document details

Collection	Alberta — Bills
Citation	L12 S1 6672
Type	bill
Volume / chapter	L12 S1 6672
Language	en
Format	json
Source	PROVINCIAL
Identifier	c9624a974c7d7faabdfa48a490c475141ed065a3

Source file is stored in the law ingest library (json).